Cincinnati Bearcats. The American logo in Cincinnati's colors. The Cincinnati Bearcats are the athletic teams that represent the University of Cincinnati. The teams are members of the American Athletic Conference (The American), which from 1979 to 2013 was known as the Big East Conference.
You must reduce the basis of property by the depreciation allowed or allowable, whichever is greater. Depreciation allowed is depreciation you actually deducted (from which you received a tax benefit). Depreciation allowable is depreciation you are entitled to deduct.
However, as with Section 179, your depreciation deduction is reduced by the amount of your personal use of the property. For example, if you use your computer 40% of the time for business and 60% of the time for personal use (such as playing computer games), you can only depreciate 40% of the cost.